1
CAPITAL ONE MASTER TRUST (RECEIVABLES)
MONTHLY PERIOD : May 1998
Beginning of the Month Principal Receivables : 10,226,682,345.49
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Beginning of the Month Finance Charge Receivables : 292,671,366.00
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Beginning of the Month Discounted Receivables : 0.00
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Beginning of the Month Total Receivables : 10,519,353,711.49
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Removed Principal Receivables : 0.00
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Removed Finance Charge Receivables : 0.00
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Removed Total Receivables : 0.00
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Additional Principal Receivables : 394,469,914.58
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Additional Finance Charge Receivables : 444,469.67
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Additional Total Receivables : 394,914,384.25
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Discounted Receivables Generated this Period 0.00
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End of the Month Principal Receivables : 9,951,768,642.55
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End of the Month Finance Charge Receivables : 288,111,117.48
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End of the Month Discounted Receivables : 0.00
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End of the Month Total Receivables : 10,239,879,760.03
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Excess Funding Account Balance 0.00
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Adjusted Invested Amount of all Master Trust Series 8,563,625,374.35
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End of the Month Seller Percentage 13.95%
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CAPITAL ONE MASTER TRUST (DELINQUENCIES AND LOSSES)
MONTHLY PERIOD : May 1998 ACCOUNTS RECEIVABLES
End of the Month Delinquencies :
30 - 59 Days Delinquent 124,793 201,508,575.17
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60 - 89 Days Delinquent 72,953 131,046,937.31
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90 + Days Delinquent 132,037 254,823,779.36
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Total 30 + Days Delinquent 329,783 587,379,291.84
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Delinquencies 30 + Days as a Percent of End of the Month Total Receivables 5.74%
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Defaulted Accounts During the Month 47,270 70,363,420.02
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Annualized Default Rate as a Percent of Beginning of the Month Principal Receivables 8.26%
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2
Total Collections and Gross Payment Rate 1,128,539,919.23 10.73%
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Collections of Principal Receivables and Principal Payment Rate 943,747,341.80 9.23%
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Prior Month Billed Finance Charge and Fees 151,937,952.68
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Amortized AMF Income 8,549,111.04
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Interchange Collected 7,466,753.47
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Recoveries of Charged Off Accounts 11,319,517.86
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Collections of Discounted Receivables 0.00
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Collections of Finance Charge Receivables and Annualized Yield 179,273,335.05 21.04%
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CAPITAL ONE MASTER TRUST (AMF COLLECTIONS)
MONTHLY PERIOD : May 1998
Beginning Unamortized AMF Balance 41,314,199.86
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+ AMF Slug for Added Accounts 34,161.51
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+ AMF Collections 14,068,353.42
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- Amortized AMF Income 8,549,111.04
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Ending Unamortized AMF Balance 46,867,603.75
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CAPITAL ONE MASTER TRUST (DISCOUNTED RECEIVABLES)
MONTHLY PERIOD : May 1998
Gross Principal Payment Rate 9.23%
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May 17, 1994 3% Discount of Addition 50,184,973.92
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Total Discounted Receivables Collections as of Beginning of Month 50,184,973.92
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Collections of Discounted Receivables Current Month 0.00
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Discounted Receivables to be Collected 0.00
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/a/Douglas C.H. Admanson
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Douglas C.H. Adamson
Securitization Manager